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The George brand was founded in 1989 as a partnership between English fashion designer George Davies and Asda. The latter had recruited the high-street designer for its grocery store brand to help shoppers avoid high street. Asda and George were sold to Walmart in 1999, which led to the expansion of the George brand into Walmart stores. [2]
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In 1939 Great Northern and Southern Stores bought Hide & Co but through a reverse takeover, the company became Hide & Co. Was investigated for fraudulent behaviour in 1948 over previous takeovers. Purchased by Tootal in 1965 for its ladies clothing store brands that were merged into the Van Allen chain. Group acquired by House of Fraser in 1975.
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Sainsbury's (SBRY.L) $10 billion (7.27 billion pounds) purchase of Walmart's (WMT.N) Asda may pressure UK grocery prices and make the British market less attractive for newer players such as ...
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